59-Month Option Certificate
Are you looking for a way to invest your money in a certificate to take advantage of higher yields without locking your money up too long in case rates increase? Consider the benefits of our new Option Certificate!
With an Option Certificate from Freedom Credit Union, you can:
- Bump the rate one time during the life of the certificate. If rates increase, you can bump your rate to the highest rate being offered for certificates with a term no longer than the remaining maturity on your certificate account.
- Add to your certificate account. When you choose to exercise the “bump” option on your certificate, you can deposit additional funds to your account.
- Roll your certificate to a longer term, penalty-free. If you want to extend the term of your certificate and lock in favorable rates, you can do so without penalty one time during the term of the certificate. You may also add additional funds to your certificate at the same time.